Minimum wage in Venezuela 2019-2024

Published by Statista Research Department, Dec 2, 2024
In the timeframe presented, there has been a general increase in the minimum wages in Venezuela. From April 2019 to May 2021, the minimum wage increased 17,500 percent. Since October 2021, the monetary expression of the Venezuelan bolivar changed by removing six zeros from the currency.

Minimum wages in Venezuela from January 2019 to July 2024 (in Venezuelan bolivar)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

October 2024

Region

Venezuela

Survey time period

January 2019 to July 2024

Supplementary notes

* Since October 2021 the Venezuelan bolivar had a new monetary expression that removed six zeros from the currency.
Release date is the date of access to the data.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Poverty and inequality in Venezuela "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Poverty and inequality in Venezuela

Latin American Overview

4

Poverty

6

Inequality

4

Food insecurity

3

Inflation

5

Further Content: You might find this interesting as well

Topics

Economy of VenezuelaPoverty and inequality in VenezuelaCrime and violence in VenezuelaVenezuelaOil industry in Venezuela
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.